The Federal Council has published of the total regulatory burden on 25 December 2013 are CHF10bn, CHF1.8bn on business which are directly related to VAT. The Federal Council clarified the VAT system with a uniform tax rate. Switzerland imposes three rates of value added tax; a headline 8% rate, a 2.5% of reduced rate and 3.5% rate for hoteliers.
The Swiss National Council rejected proposals that assessing the nation’s VAT rates, and unifying the two reduced rates of VAT at 2.8% to 3.8% and had been demanded to consider expanding the new reduced rate to restaurants an 8% rate on their services.
